Month: April 2024

Saudi Arabia’s economy minister rejected recent reports that the kingdom’s $1.5 trillion NEOM megaproject, a futuristic desert development on the Red Sea coast, is scaling back some of its plans. “All projects are moving full steam ahead,” Faisal Al Ibrahim told CNBC’s Dan Murphy on Monday at the World Economic Forum’s special meeting in Riyadh.
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Joan Didion’s Upper East Side apartment has officially been spoken for — and now, it’s poised to move onto its next chapter.  After the four-bedroom residence hit the market for $7.5 million in January 2023, about a year after the 87-year-old “Slouching Towards Bethlehem” author passed away in the unit in December 2021, the unit
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In this article ZG Follow your favorite stocksCREATE FREE ACCOUNT While the spring housing market has been plagued with low supply, high prices and spiking interest rates, would-be homebuyers are focusing on new construction.  The reason? New homes have more incentives and availability than previously owned ones. “There’s more opportunity in new construction,” said Nicole
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A residential real estate sold sign is seen in Washington, D.C.  Brendan Smialowski | AFP | Getty Images Mortgage rates rose for the third straight week last week, hitting the highest level since November. As a result, mortgage application demand dropped 2.7% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted
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This property pairs well with deep-pocketed wine lovers. In California’s internationally renowned wine region of Sonoma County, a sprawling vineyard and its stately main house have come to market for $11.9 million.  Known as Pritchett Peaks Vineyard, the estate measures in at 120 acres, 110 of which compose “the most significant vineyard in Sonoma County’s
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In this article RDFN Follow your favorite stocksCREATE FREE ACCOUNT Real estate is increasingly a tale of two markets — a luxury sector that’s booming, and the rest of the market that continues to struggle with higher rates and low inventory. Overall real estate sales fell 4% nationwide in the first quarter, according to Redfin.
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There’s new life for Midtown’s zombie food halls. New York restaurant legend Stephen Hanson and international hospitality operator Alex Gaudelet are re-launching five major Midtown halls previously run by UrbanSpace, which fell behind on rent after the pandemic wiped out business. Hanson’s and Gaudelet’s newly formed HF Food Halls signed a lease last week at
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Scottie Scheffler, the 27-year-old golf sensation who recently clinched his second Masters title, lives in a fairly modest-priced mansion in Dallas, Texas despite his staggering net worth, The Post has learned. Purchased for $2.1 million, the price tag belies the luxury of Scheffler’s newlywed abode, which he acquired in 2020 following his marriage to his
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Jannese Torres is the founder of the blog Delish D’Lites and the podcast “Yo Quiero Dinero.” Photo Jannese Torres In her upcoming book, “Financially Lit!: The Modern Latina’s Guide to Level Up Your Dinero & Become Financially Poderosa,” author Jannese Torres discusses how she became the first woman in her family to graduate from college,
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A Silicon Valley house that went viral for its big price tag and tiny square footage will sell for significantly more than ask.  The studio apartment-sized residence on a cul-de-sac in Cupertino, California — the Bay Area city where tech titan Apple is headquartered — hit the market for an outsized $1.7 million earlier this
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Media entrepreneur and television personality Dan Abrams and his longtime partner, publicist Florinka Pesenti, have plunked down a cool $10.62 million for a dazzling new home in Manhattan, Gimme Shelter has learned.  It’s located at The Whitman, a tony boutique condo at 21 E. 26th St. The building itself is a Neo-Georgian mansion built in
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Katherine Maher, the new CEO of National Public Radio, recently purchased a sprawling three-bedroom, three-bathroom Brooklyn brownstone for $2.7 million, The Post has learned.  Maher, 40 and who started at NPR in January, closed on the property last October, according to city property records — a month after the former CEO of NPR, John Lansing,
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In this article .BKX US10Y Follow your favorite stocksCREATE FREE ACCOUNT Regional bank earnings may expose critical weaknesses, according to Sheila Bair, former chair of the U.S. Federal Deposit Insurance Corp. Their quarterly numbers begin hitting Wall Street this week. “I’m worried about a handful of them,” Bair told CNBC’s “Fast Money” on Tuesday. “I
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